Is refinance possible in a confirmed Chapter 13 plan?
Posted: Tue Apr 12, 2016 2:13 pm
I have a client in a confirmed Chapter 13 plan (100%), and his existing
first mortgage is at an above-market rate. The existing lender (a credit
union) was not cooperative with discussions about reducing rates prior to
filing, and my client would still like to refinance.
Question: are there even any lenders out there that will step into this
situation? If so, please feel free to let me know by return email. My
clients have steady and reliable W-2, they just need their interest rate
reduced.
Thanks!
Desiree Causey, Esq.
Law Office of Desiree Causey
7755 Center Avenue, Suite 1100
Huntington Beach, CA 92647
714-372-2225 (phone)
714-908-7646 (same fax number)
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